Friday, May 11, 2012

Potsdam' s High Taxes

It is official.  Ann Carvill reported last month that Village of Potsdam taxpayers pay the highest taxes in the North Country. An article in the Watertown Times today reported that, according to the Empire Center for New York State Policy, the "effective tax rate" for Village taxpayers is $49.55 per thousand dollars of assessed property value.  This compares to a statewide median of $28.46 and a North Country median of $24.78 per thousand, half as much as Potsdam.  To read the article, go to:  Potsdam Taxes Highest

Patrick Brady, Potsdam Central School's Superintendent, is quoted as saying that this year's school tax rate is less than 2003-2004.  What he doesn't mention is that last year's tax levy increase was 4.75% and this year's proposed spending plan increases the tax levy more than the property tax cap imposed by New York State's tax cap legislation. The trend is upward.

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